Investing in Your Future : The Financial Life Plan Connecting Investments with Personal Goals and an Infinite Legacy

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Since August of 1935, the United States of America has had one of the world's largest and most efficient retirement programs because of the implementation of The Social Security Act drafted by President Franklin D. Roosevelt as a part of the New Deal. Over the past couple of years, the efficiency of Social Security has been questioned by future retirees who are worried they will not receive the full amount of money that they have been contributing to the program. With the future of Social Security somewhat uncertain, it will be very important for individuals to use different investment vehicles to save enough money for their retirement. Based on data already compiled, this paper seeks to do several things: first, provide a literature review full of investment theories that will serve as the foundation of future portfolios; second, provide specific guidelines in creating a financial life plan by separating an individual's life into three stages; third, based on the findings, provide an argument as to whether certain traditional investment strategies should be implemented to assist in achieving financial life goals. Based on the research, the financial life plan will be a viable option for long-term, growth-oriented investors seeking consistent economic returns.

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